Foxconn said to be parting ways with Cybermart

Foxconn Electronics' (Hon Hai Precision Industry) subsidiary Pan International recently announced it will sell its 48.01% shareholdings in SMS Marketing Service, and market watchers believe the action implies that Foxconn may part ways with its China-based retail channel partner Cybermart, which is a wholly-owned subsidiary of SMS Marketing Service.



from DIGITIMES: IT news from Asia http://ift.tt/1l3hbYk

via Yuichun